Home / Knowledge / News / Textiles / Kanchipuram weavers seek bailout package
Kanchipuram weavers seek bailout package
08
Jul '09
To bailout from the adverse effects of the free trade and globalization since 2004, the badly affected Kanchipuram weavers, well known for their silk saris have demanded a rescue package from the government along with a waiver of loans.

In this regard, more than hundred weavers pleaded before the local MP, P. Vishwanathan to take their grievances to the Union Textile Minister Mr. Dayanidhi Maran.

In a recent meeting, these weavers suggested of setting up of a comprehensive and well-equipped textile complex in the weaving cluster of Kanchipuram, where inputs like raw silk dye stuff, zari and essential weaving equipments should be made available.

They further said that the assistance from the Centre's Textiles Development Corporation should be directed through the societies which have duly elected members.

But according to experts, inputs like raw silk and zari are not freely available, due to which, the productivity and earnings of the weavers is affecting drastically and pushing the weavers into debt.

For the recovery of this debt, houses of weavers who have mortgaged them are being brought under auction. The weavers sought waiver of loans secured from Central Cooperative Banks.

The increasing cost of silver is the key reason for the hike in cost of Zari, said the weavers, who further demanded that the government should mull over providing silver at reasonable prices for zari manufacturing.

They also sought to redesign the health insurance schemes for weavers, which currently is being handled by banks, as they alleged that the scheme is not beneficial for them.

Also they alleged that the Textile City Infrastructure Improvement Funds for weaver areas were spent worthlessly on the things that were not for the improvement of weavers.

They also want specific educational institutions for their children with technical courses as well as free technical training camps for their up-gradation.

The numbers of weavers and handlooms have plunged by half as the weavers are diversifying into other occupations.

Fibre2fashion News Desk - India

Must ReadView All

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

RBI Governor Urjit Patel and other officials addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

RBI withdraws the incremental CRR from Dec 10

The Reserve Bank of India (RBI) has decided to withdraw the...

Textiles | On 7th Dec 2016

‘Price-competitiveness is crucial for China yarn market’

Kikani Exports, India based yarn supplier with 12 years of experience ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search